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This quiz consists of 5 multiple choice and 5 short answer questions through The Pecuniary Standard of Living.

Multiple Choice Questions

1. What standard does Veblen say guides people's behavior?
(a) The standard of the class just beyond their reach.
(b) The standard of the highest ranking relative in their ancestry.
(c) The standard of the class they were born into.
(d) The standard of the people surrounding them.

2. What happens when men come into wealth through peaceful means?
(a) Property becomes the subject of competition and warfare.
(b) Property becomes the measure of spiritual values.
(c) Property becomes an indicator of heritage.
(d) Property becomes an indicator of success.

3. What does Veblen say happens to those who need to work but do not work?
(a) They are exiled.
(b) They are taken care by the stronger workers.
(c) They become beggars.
(d) They take care of the children and elders.

4. What are the standards of consumption determined by?
(a) Conspicuous waste and workmanship.
(b) Class mobility.
(c) Physical comfort.
(d) Industrial production.

5. What does Veblen say happens to cultures that develop knowledge and tools?
(a) They become more decadent.
(b) They become more warlike.
(c) They become more diplomatic.
(d) They become more efficient.

Short Answer Questions

1. How does Veblen say the laboring classes in an agricultural society see work?

2. What does Veblen say was lacking in primitive culture?

3. Where did the earliest form of ownership take place?

4. What did men use to display their exploits during the earliest forms of ownership?

5. Private ownership led to what cultural development?

(see the answer key)

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